Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 17.173637 19.567176 22.179053 25.241704 28.735979 32.600224 37.200396
2024-10-20 13.275635 16.271630 19.788195 24.223935 29.676011 36.166821 44.494333
2024-10-27 10.678053 13.976795 18.111551 23.682764 31.008200 40.333074 53.140610
2024-11-03 9.074538 12.634926 17.382138 24.189543 33.729867 46.669500 65.631655
2024-11-10 7.884568 11.640201 16.950103 25.029113 37.061214 54.399655 81.435090
2024-11-17 6.709446 10.469374 16.088640 25.132777 39.403634 61.189571 97.234776
2024-11-24 5.526212 9.085402 14.690645 24.205143 40.063581 65.636439 110.404186
2024-12-01 4.579298 7.911027 13.425505 23.272041 40.563714 69.945151 124.235946
2024-12-08 3.932122 7.122500 12.660269 23.040333 42.206559 76.453881 143.120956
2024-12-15 3.458135 6.554274 12.178819 23.224229 44.625903 84.764941 166.928882
2024-12-22 3.026242 5.988332 11.607745 23.144543 46.551647 92.533667 191.306407
2024-12-29 2.759551 5.692791 11.495630 23.933092 50.320255 104.542790 226.613362
2025-01-05 2.440109 5.248279 11.042115 24.009214 52.784586 114.657661 260.711488
2025-01-12 2.101680 4.704150 10.293627 23.332426 53.541096 121.386924 289.011973
2025-01-19 1.846542 4.295377 9.763215 23.040673 55.115848 130.266719 324.369360
2025-01-26 1.694898 4.094525 9.660862 23.722067 59.119242 145.587987 378.942801
2025-02-02 1.578284 3.955506 9.678349 24.702115 64.073449 164.252351 446.473460
2025-02-09 1.431559 3.715808 9.413184 24.930976 67.192832 179.013647 507.304896
2025-02-16 1.251043 3.356863 8.788531 24.108608 67.386174 186.232763 549.146903
2025-02-23 1.094261 3.031769 8.193984 23.254484 67.332405 192.819952 590.931612
2025-03-02 0.986435 2.820502 7.865525 23.082536 69.202038 205.260918 653.533482
2025-03-09 0.906537 2.673311 7.687646 23.314831 72.332315 222.096904 734.251212
2025-03-16 0.826058 2.509560 7.433905 23.273124 74.633289 236.968805 812.528097